New Construction
Address
632-636 Blackland Drive, Venus, TX
Price
$ 625,000
Property Attributes
  • MLS#20366401
  • TypeMulti-Family
  • CountyELLIS
  • CityVenus
  • NeighborhoodHeritage Hill Estates
  • Zip76084
  • StyleDuplex
  • Price$ 625,000
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms0
  • Lot Size0.225 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

Prime opportunity to invest in a Class-A new construction luxury duplex in scorching hot DFW market. Builder's Preferred Lender offers below market fixed rate financing in the low to mid 5s plus get Owner's title policy paid by Builder when using preferred Lender. This duplex is to be built and is estimated to be complete by April 2024. Strong tenant demand and fast leasing in DFW. Fantastic location across near Google's $600M Data Center. Ellis County has experienced explosive population growth in the last decade. Children attend Midlothian schools. This duplex has two 4-bedroom units with 2 baths. Each unit has a two car garage and a fenced in back yard. Projected rents of $2450 per month based on strong Tenant demand for duplexes in Phase 1. Easy commute to major area employers. Wealth of opportunities to relax & play nearby. Professional property management in place at a favorable rate of 5%. Hurry - this won't last!

Elementary School
Vitovsky Elementary School
Price History
6/27/2023 Listed $625,000

General Features

Heating Central,Electric
Complex Name Heritage Hill Estates
Cooling Central Air
Utilities Asphalt,City Sewer,City Water
Possession Closing/Funding,Upon Completion
Roof Composition
Appliances Dishwasher,Disposal,Electric Range,Electric Water Heater
Assoc Fees 750
Number of Garage Spaces 4
School District Midlothian ISD
HOA Fee Includes Maintenance Grounds
Capitalization Rate 5.82
Year Built 2024
Levels One
Will Subdivide No
Gross Annual Expenses 20654.00
Property SubType Duplex
Subdivision Name Heritage Hill Estates
Insurance Expense 1900
County Ellis
Operating Expense Includes Insurance,Maintenance,Vacancy Allowance
Property Type Residential Income
Construction Materials Brick,Siding,Stone Veneer,Wood
Association Fee Frequency Annually
Year Built Details Proposed
HOA Type Mandatory
# of Buildings 1
Status Active
Directions Going W. on HWY 67 toward Venus right after Jones Rd will be Heritage Hills Parkway on the right. If you come to Patriot Parkway on the right you have gone too far. The site is between Jones Rd. & Pa
City Venus
Buyer Agent Compensation 3
Elementary School Name Vitovsky
High School Heritage
Street Name Blackland
Elementary School Vitovsky
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20366401
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Interior Features Granite Counters,Kitchen Island,Open Floorplan,Pantry,Walk-In Closet(s)
Flooring Carpet,Luxury Vinyl Plank
Total Units 2
Unit Count 2
Full Baths 4
Lock Box Type See Remarks
Street Suffix Drive
Total Bedrooms 8

Exterior Features

Lot Size Source Plans
Parking Features Garage
Foundation Slab
Lot Size Area 0.2250
Lot Size Dimensions 70X140
Number Of Parking Spaces 2
Lot Size Units Acres
Building Area Total 3140.00
Garage Y/N Yes
Lot Size Square Feet 9801.0000
Lot Size Acres 0.2250
Attached Garage Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 76084

Price
AVG $600K
$630K
Visits
AVG 167
281
Data Provided by Inside Real Estate®
Year Built
AVG 2024
2024

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